Novak Druce & Quigg LLP 1000 Louisiana St Fifty Third Floor, Houston, TX 77002 713 571-3400 (Office)
Licenses:
Texas - Eligible To Practice In Texas 1998
Education:
St. Marys University School of Law Degree - Doctor of Jurisprudence/Juris Doctor (J.D.) Graduated - 1998 St. Marys University School of Law Degree - Doctor of Jurisprudence/Juris Doctor (J.D.) Graduated - 1998
Richard Christopher Payne - Misissauga, CA Richard Wallace Mann - Dallas TX Melvin George Todd - Dallas TX Marc Guy Verrier - Erin, CA John Anthony Stracka - Macfarland WI
Assignee:
FDI/Genesis - Madison WI
International Classification:
G06F 1760
US Classification:
705 4
Abstract:
A system for analyzing and managing a plurality of specified life insurance policies and annuity contracts on behalf of an insurance carrier. The life insurance policies or annuity contracts depend on stock market performance in that the account value increase is determined as a percentage of the performance of a stock market index, with set caps and floors. The percentage is adjusted according to the yield on fixed rate assets. The system manages the increased risk from participation in the stock market by periodically monitoring assets and liabilities and determining the purchase and sale of stock options and other hedging instruments to cover the risks. The system also provides cash and profit determinations from the life insurance policies and annuity contracts.
System For Managing Hedged Investments For Life Insurance Companies
Richard Christopher Payne - Mississauga, CA Richard Wallace Mann - Dallas TX Melvin George Todd - Dallas TX Marc Guy Verrier - Erin, CA John Anthony Stracka - Macfarland WI
Assignee:
FDI/Genesis - Madison WI
International Classification:
G06F 1900
US Classification:
705 4
Abstract:
A system for analyzing and managing a plurality of specified life insurance policies and annuity contracts on behalf of an insurance carrier. The life insurance policies or annuity contracts depend on stock market performance in that the account value increase is determined as a percentage of the performance of a stock market index, with set caps and floors. The percentage is adjusted according to the yield on fixed rate assets. The system manages the increased risk from participation in the stock market by periodically monitoring assets and liabilities and determining the purchase and sale of stock options and other hedging instruments to cover the risks. The system also provides cash and profit determinations from the life insurance policies and annuity contracts.
Eugene Simpson, Theodore Pinckney, Henry Michaux, Barbara Franks, Audley Mackel, Rafael Machin, Mary Hall, Effie Henderson, Miriam Stucker, Joan Galloway, Harold Herndon, Holly Smith
Melvin Todd (1998-2001), Ralph Weber (1994-1997), Charles Ghigna (1969-1970), Stacey Smith (1989-1992), Laura Nossal (2002-2003), Steven Fowler (1998-2001)
My name is Melvin Todd (aka the Tattoo King bka The Mel Man to people who know me). I am a current resident of Atlanta, Georgia but am from Prichard, Alabama.